VAQUILLAS-BORREGO

Name: VAQUILLAS-BORREGO lease production and value, Jan 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the ZWEBB (10350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187514District 04Field 999305002 tax incentive programmesCondensateGasSave Export

Value, all time

$17.2 M

Jan 2002 – Feb 2017

Value, last 12 filed months

at the published price for each month

Months reported

182

no gaps in the span

Streams

condensate, gas

The ZWEBB (10350) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 118 leases and 118 wells, and the rule below applies to all of them.

Discovered

1988-05-03

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-10.

The Commission's schedule remark for this field reads: “AND 5% PER WELL.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2003-04-30	150964
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	22,559 bbl	$618,836
Gas	Production	3,838,324 Mcf	$16,564,865
Total			$17,183,702

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.3000, -99.0640. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.30003, -99.06398 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,152 ft

1 wells filed one

Completion to plug

2.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,152 ft.

Completions filed

Sep 2014

1 of 1 wells

Plug dates filed

Feb 2017

1 of 1 wells

Last completion to plug: a median of 2.4 years across the 1 well that filed both dates, with the middle half between 2.4 years and 2.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937989	1	10,152 ft	Sep 2014	Feb 2017	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (182)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

182 months


Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	106	27.35	2.36	$251
Dec 2015	0	155	32.36	2.00	$310
Nov 2015	0	151	38.79	2.17	$327
Oct 2015	0	230	43.55	2.43	$558
Sep 2015	0	253	42.99	2.76	$698
Aug 2015	0	500	40.16	2.87	$1,436
Jul 2015	0	623	48.15	2.95	$1,835
Jun 2015	0	236	56.15	2.88	$680
May 2015	0	491	55.21	2.96	$1,451
Apr 2015	0	632	49.82	2.71	$1,711
Mar 2015	0	815	42.89	2.93	$2,392
Feb 2015	0	945	44.66	2.98	$2,813
Jan 2015	0	1,327	43.43	3.10	$4,115
Dec 2014	0	1,328	54.69	3.59	$4,769
Nov 2014	0	789	70.46	4.25	$3,355
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	970	96.56	4.18	$4,054
Jun 2014	0	1,382	98.16	4.74	$6,546
May 2014	0	1,220	94.73	4.73	$5,766
Apr 2014	0	1,572	95.94	4.81	$7,560
Mar 2014	0	1,502	95.89	5.06	$7,595
Feb 2014	0	1,446	97.40	6.19	$8,954
Jan 2014	0	1,100	90.40	4.86	$5,347
Dec 2013	0	1,626	91.82	4.35	$7,080
Nov 2013	0	1,670	88.85	3.74	$6,243
Oct 2013	0	1,782	97.42	3.78	$6,735
Sep 2013	0	1,572	104.11	3.72	$5,844
Aug 2013	0	1,658	104.25	3.52	$5,840
Jul 2013	0	1,679	102.52	3.72	$6,242
Jun 2013	0	1,467	94.40	3.93	$5,770
May 2013	0	1,548	94.83	4.15	$6,423
Apr 2013	0	1,550	93.96	4.28	$6,638
Mar 2013	0	1,906	93.62	3.91	$7,458
Feb 2013	0	1,662	91.23	3.42	$5,684
Jan 2013	0	1,749	91.60	3.42	$5,981
Dec 2012	0	1,974	86.77	3.42	$6,751
Nov 2012	0	1,638	86.95	3.62	$5,938
Oct 2012	0	1,784	89.38	3.40	$6,065
Sep 2012	0	1,843	94.67	2.92	$5,379
Aug 2012	0	1,779	92.66	2.91	$5,174
Jul 2012	0	1,729	85.13	3.02	$5,223
Jun 2012	0	1,963	79.82	2.52	$4,945
May 2012	0	1,821	91.61	2.49	$4,531
Apr 2012	0	1,801	101.65	2.00	$3,596
Mar 2012	0	1,958	105.05	2.22	$4,351
Feb 2012	0	1,553	101.10	2.57	$3,992
Jan 2012	0	1,578	98.09	2.73	$4,314
Dec 2011	0	1,522	96.87	3.24	$4,931
Nov 2011	0	1,539	95.72	3.31	$5,096
Oct 2011	0	1,701	84.98	3.65	$6,206
Sep 2011	0	1,525	83.62	3.99	$6,078
Aug 2011	0	1,834	83.40	4.15	$7,610
Jul 2011	0	1,735	94.14	4.52	$7,837
Jun 2011	0	1,711	92.90	4.64	$7,939
May 2011	0	1,773	98.13	4.40	$7,810
Apr 2011	0	1,951	105.96	4.33	$8,454
Mar 2011	0	2,160	96.36	4.06	$8,764
Feb 2011	0	1,738	85.64	4.18	$7,265
Jan 2011	0	2,106	86.50	4.59	$9,664
Dec 2010	0	2,059	85.73	4.35	$8,952
Nov 2010	0	1,992	80.84	3.80	$7,560
Oct 2010	0	2,070	78.10	3.51	$7,263
Sep 2010	0	1,331	72.63	3.98	$5,297
Aug 2010	0	1,771	73.68	4.42	$7,827
Jul 2010	0	1,978	72.55	4.74	$9,369
Jun 2010	0	1,517	70.36	4.91	$7,449
May 2010	0	1,573	71.12	4.24	$6,662
Apr 2010	0	1,336	81.69	4.12	$5,508
Mar 2010	0	2,080	78.39	4.39	$9,128
Feb 2010	0	1,565	73.58	5.44	$8,517
Jan 2010	0	1,462	74.36	5.96	$8,720
Dec 2009	0	1,738	71.44	5.48	$9,531
Nov 2009	0	1,468	74.59	3.75	$5,507
Oct 2009	0	1,541	72.54	4.11	$6,334
Sep 2009	0	1,604	65.54	3.06	$4,916
Aug 2009	0	1,435	67.42	3.22	$4,619
Jul 2009	0	1,338	61.13	3.46	$4,636
Jun 2009	0	1,499	66.16	3.90	$5,839
May 2009	0	1,439	54.74	3.93	$5,649
Apr 2009	0	1,578	46.77	3.59	$5,661
Mar 2009	0	1,534	42.14	4.06	$6,227
Feb 2009	0	1,496	32.81	4.63	$6,931
Jan 2009	0	1,750	35.86	5.37	$9,399
Dec 2008	0	1,649	37.10	5.98	$9,856
Nov 2008	0	1,398	55.49	6.86	$9,591
Oct 2008	0	1,381	75.24	6.92	$9,559
Sep 2008	11	1,419	101.76	7.88	$12,297
Aug 2008	4	1,509	114.22	8.48	$13,258
Jul 2008	15	1,501	131.08	11.39	$19,062
Jun 2008	13	1,569	131.33	13.03	$22,155
May 2008	11	1,776	123.17	11.57	$21,911
Apr 2008	8	1,676	110.31	10.45	$18,405
Mar 2008	4	1,946	101.90	9.66	$19,214
Feb 2008	6	1,690	92.53	8.77	$15,377
Jan 2008	6	1,709	90.38	8.21	$14,566
Dec 2007	13	1,730	88.33	7.30	$13,781
Nov 2007	16	1,693	91.67	7.29	$13,812
Oct 2007	4	4,826	82.85	6.92	$33,737
Sep 2007	9	2,213	75.84	6.24	$14,501
Aug 2007	4	3,449	69.06	6.39	$22,308
Jul 2007	15	2,147	70.90	6.39	$14,778
Jun 2007	8	5,262	62.00	7.55	$40,216
May 2007	10	4,131	58.74	7.85	$33,000
Apr 2007	8	3,501	59.61	7.81	$27,803
Mar 2007	10	3,973	56.92	7.30	$29,580
Feb 2007	9	4,055	55.10	8.22	$33,812
Jan 2007	7	5,149	50.30	6.73	$34,989
Dec 2006	8	4,818	56.65	6.92	$33,786
Nov 2006	6	4,301	54.20	7.62	$33,088
Oct 2006	14	5,352	54.90	6.01	$32,954
Sep 2006	14	3,881	60.08	5.04	$20,390
Aug 2006	12	3,274	68.71	7.34	$24,855
Jul 2006	29	6,364	69.37	6.34	$42,377
Jun 2006	21	6,572	66.28	6.38	$43,347
May 2006	19	4,686	66.01	6.42	$31,362
Apr 2006	21	6,630	64.39	7.36	$50,152
Mar 2006	30	7,399	56.70	7.08	$54,108
Feb 2006	15	6,745	57.59	7.75	$53,145
Jan 2006	26	8,004	60.59	8.93	$73,078
Dec 2005	21	7,430	54.94	13.42	$100,830
Nov 2005	13	4,705	54.69	10.59	$50,529
Oct 2005	26	7,282	58.34	13.80	$101,978
Sep 2005	27	9,017	61.45	12.08	$110,575
Aug 2005	28	9,877	61.51	9.80	$98,486
Jul 2005	31	9,982	55.69	7.84	$80,022
Jun 2005	23	8,761	52.33	7.38	$65,869
May 2005	32	9,129	45.22	6.65	$62,165
Apr 2005	38	8,688	49.20	7.36	$65,817
Mar 2005	36	11,050	50.37	7.15	$80,875
Feb 2005	42	8,701	45.22	6.31	$56,819
Jan 2005	58	10,697	43.16	6.32	$70,132
Dec 2004	75	14,340	39.86	6.75	$99,800
Nov 2004	62	16,380	45.28	6.33	$106,500
Oct 2004	80	13,148	49.70	6.52	$89,637
Sep 2004	131	15,938	43.24	5.28	$89,879
Aug 2004	192	24,163	42.37	5.55	$142,256
Jul 2004	224	28,121	38.28	6.08	$179,668
Jun 2004	203	21,442	36.10	6.43	$145,265
May 2004	105	14,132	37.48	6.49	$95,717
Apr 2004	50	6,955	34.47	5.86	$42,469
Mar 2004	32	9,074	34.36	5.53	$51,280
Feb 2004	49	9,669	32.45	5.51	$54,863
Jan 2004	83	18,466	32.03	6.30	$118,988
Dec 2003	91	24,489	30.26	6.30	$157,075
Nov 2003	118	30,732	28.80	4.60	$144,617
Oct 2003	150	38,561	28.17	4.76	$187,762
Sep 2003	139	45,090	26.31	4.75	$217,806
Aug 2003	148	55,272	29.76	5.13	$287,934
Jul 2003	220	64,000	29.41	5.17	$337,404
Jun 2003	193	68,985	28.56	5.98	$418,247
May 2003	228	67,447	26.59	5.97	$408,902
Apr 2003	333	92,613	26.67	5.41	$509,666
Mar 2003	306	62,914	31.14	6.10	$393,055
Feb 2003	403	71,746	33.48	7.93	$582,143
Jan 2003	472	92,464	30.31	5.58	$530,444
Dec 2002	565	92,476	26.91	4.85	$464,060
Nov 2002	736	121,515	24.66	4.14	$520,852
Oct 2002	1,361	198,011	26.46	4.23	$873,424
Sep 2002	1,525	227,654	27.44	3.64	$869,414
Aug 2002	1,804	285,953	25.96	3.16	$951,633
Jul 2002	2,190	333,427	24.58	3.06	$1,074,704
Jun 2002	2,363	329,531	23.73	3.34	$1,156,128
May 2002	2,310	339,606	24.66	3.58	$1,274,113
Apr 2002	2,914	323,208	23.65	3.51	$1,204,126
Mar 2002	1,923	257,904	22.00	3.10	$842,510
Feb 2002	0	68,689	18.22	2.38	$163,183
Jan 2002	0	0	17.17	2.38	$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jan 2016 — as filed, then multipliedworked

Condensate             0 bbl  × $ 27.35 =         $0
Gas                  106 Mcf  × $  2.36 =       $251

────────────────────────────────────────────────────
Month total                                     $251

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/187514 is the state's own key, not one this site invented.